New Jersey § 42:2a-42
Full text of New Jersey New Jersey Statutes § 42:2a-42, with citation guidance and answers to common questions.
§ 42:2a-42.
Distribution upon withdrawal. Except as provided in this article, upon withdrawal any withdrawing partner is entitled
to receive any distribution to which he is entitled under the partnership agreement
and, if not otherwise provided in the agreement, he is entitled to receive, within
a reasonable time after withdrawal, the fair value of his interest in the limited
partnership as of the date of withdrawal, based upon his right to share in distributions
from the limited partnership.
Frequently Asked Questions About New Jersey § 42:2a-42
What does New Jersey Statutes § 42:2a-42 cover?
Section 42:2a-42 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 42:2a-42?
A common citation format is "New Jersey Statutes § 42:2a-42" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 42:2a-42 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.